I heard about this Cash for Clunkers program for the failing American car companies.
Supposedly, you an trade in your car and get $4,500 towards a new one with 0% interest. It just seems too good to be true.
I have a '98 Altima with 120,000 miles. It’s in perfect mechanical condition and the body is fine except for one easily-repairable dent.
I read up on it, but it’s still confusing me. Could somebody who knows about this please enlighten me? Would it be worth it to trade in the Altima? It gets great MPG and I’m fine with getting a small car, or one that’s a downgrade in MPG, just not by too much.